CBA is not interested in rapid development of day-to-day lending

In spite of the fact that the Central Bank of Azerbaijan (CBA) has created an opportunity to issue daily loans to non-bank credit organisations ( NBCOs) in 2024, it is not interested in the rapid development of this type of lending. This was stated by CBA chairman Taleh Kazimov on 22 January at a press conference on the decision of the structure he heads over parameters of the interest rate corridor. ‘Daily loans pose a serious risk f...

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